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20130121
20130129
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Search Results 0 to 2 of about 3 (some duplicates have been removed)
's as long as the country contains its fiscal crisis including the debt ceiling and fiscal growth. the imf has mained growth outlook for the japanese economy for 1.2% this year. they were warned about the risks of accumulating debt without consolidation measures. >> when the countries start with ray otio of debt to gdp, in bot cases it's much above. we vowed a clear plan for fiscal consolidation over the next five, ten years, it seems to many to be quite dangerous to increase the fiscal deficit. >> the u.s. house of representatives have agreed to raise the debt ceiling until may 18th. the bill will prevent the government from defaulting on its debt. the bill passed the house on wednesday ter t republican majority changed its stance. republicans said they would not approve the bill unless the government made more cuts to social programs. republicans had public criticism that they were not consider the markets on a financial default. john boehner said to show the american people that it would move to balance the budget. >> they understand you can't continue to spend money that you don't have
to receding concerns about the world's largest economy after u.s. legislators passed a bill to extend the debt ceiling. we are seeing dollar/yen at 89.61. market players say news of north korea's possible nuclear testing also fueled geo political concerns. the euro is strong at 119.46. >>> the japanese government has finalized a guideline for compiling next year's budget. it is designed to keep new bond issues to a minute mum. members of the cabinet and the council of economic and fiscal policy approved the plan. the proposal for the fiscal year that starts in april includes the government's latest economic stimulus. priority is put on cutting wasteful spending and also requires the budget to focus on two key areas, that's reconstruction work from the 2011 disaster and sectors with sustainable or promising growth. now the guidelines urge a 50% reduction in the primary balance deficit by fiscal 2015. that's aimed at clearing a milestone towards counter fiscal health. the governor will decide its draft budget on tuesday next week. >>> japan's ruling coalition parties have been talking about tax
Search Results 0 to 2 of about 3 (some duplicates have been removed)